High River Gold Mines Ltd HRIVF

CIBC drops coverage of HRG today

[prouditalian]

Can you believe these slimeballs.
In the disclosure it says they are seeking to do business with the company.
I think its pretty clear that they have been working with Severstal the entire time, even telling shareholders to tender at .22 then at .30. A deal is coming people and CIBC is involved.

[GordonGekko12]

Agreed, maybe something is in the works and typical of CIBC. If there is, I suspect any deal should be well above the current share price as CIBC was one of the biggest buyers by far in the day(s) it ran from .70 to .98.....if true they probably leaked this info to there retail brokers/clients.....imo ----------Original Message Posted 1/8/2010 11:07:10 AM---------- Can you believe these

[SeekingDoubles]

Looks like Goldman and Morgan Stanley are shortingAccording to stock-watch, Goldman sold 237,500 at 0.93 and Morgan sold 113,500 at 0.93

[factory]

Doesn't make sense. Everyone here says its still way undervalued. Its at 90 cents now. Surely it is impossible to go back to 45 cents again. It went up 65% in 5 days with no news. Why would anyone short that?

[SeekingDoubles]

[SeekingDoubles]

Short HistorySymbol       Report Date       Volume        ChangeHRG-T        2010-01-15         238,300       227,000

[SeekingDoubles]

[SeekingDoubles]

Here is the position of broker 65 for :HRG for 12/21/ 2009 to 1/ 21/2010.  15 Records ReturnedBroker Position  Date Bought $Value Ave Sold $Value Ave Day Net Position $Net $Position  2009-12-21  13,750  7,562  0.55  12,000  6,720  0.56  1,750  1,750  -842  -842    2009-12-22  15,000  7,800 

[SeekingDoubles]

VERY SUSPECT, IMOThoughts anyone?

[saile1]

Not really.Not if you're (Severstal) tryng to make 98c very attractive again.And indeed it is.

[metalmaniak]

I have to laugh at you guys sometimes. Goldman and Canacrap are selling for funds that have made some pretty good money on the run.Sold 35% of my position above .90 and looking to add below .70.  Gold has dropped quite a bit if you haven't noticed.

[SeekingDoubles]

Looks like another tree shaking is on its way... In the last two trading days broker #24 (Clarus) has sold 711,000 shares at an average price of .979 IMO, VERY VERY SUSPECT Hang on to your positions because it looks like were going for a ride back down to retest 0.78 and then a bounce back to current levels this could present an excellent opportunity to top up before the next leg up to 1

[discern]

I know you want cheaper shares.  Why are you stating that Clarus has an inside position into the future of HRG.Morgan Stanley and CIBC are the financial institutions that have positions and work with HRG.  If you want to predict share price, look at them.If you do, then the sp is going up.  I am not saying the sp is going up soon, but that makes much more sense than taking a broker

[hazstock]

"Hang on to your positions because it looks like were going for a ride back down to retest 0.78 and then a bounce back to current levels" this, i like...  :P